FASB Seeks Public Company Input on Segment Reporting

Study Objective

The FASB is considering improvements to the segment disclosure requirements. The Board is seeking input from public companies to test the operability of various potential improvements and to identify any potential unintended consequences.

Ideal Participants

Public companies that apply the requirements in FASB Accounting Standards Codification Topic 280, Segment Reporting. If you are interested, please tell us more about your organization by clicking on the link below and registering.
We have closed registration for the 2019 disclosure study and are no longer accepting applicants at this time.

Project Overview

The FASB has a project on its technical agenda to improve the segment reporting requirements within Topic 280.

The project is not looking to fundamentally revise Topic 280. However, it is targeting two aspects of the segment reporting requirements for improvement. First, it seeks to improve the segment aggregation guidance and the reportable segments process, which was the subject of the 2018 aggregation study. Second, it seeks to improve the segment disclosure and reconciliation requirements, which is the subject of the current study.

As part of the project, the FASB is seeking feedback from public companies to help the Board better understand the issues preparers may face in applying different potential improvements for the existing segment disclosure requirements.

What Improvements Are Being Considered?

The study will focus on the following ideas:
  1. Requiring additional disclosures by reportable segment and additional general disclosures about the basis of segmentation and composition of reportable segments.
  2. Improving the connectivity of the segment information and the financial statements, including the reconciliation requirements.

How Will the FASB Use Information Obtained from the Study?

The feedback received during the study will help inform the FASB about the costs and benefits of the different ideas to improve the segment disclosure requirements. A summary of the findings will be presented to the Board at future public FASB meetings. Individual feedback will be kept confidential.

Study Timeframe

The study will begin in June 2019 and is expected to last for three or four months. Feedback is expected to be summarized by the end of the year.


If you have any questions, please contact the following FASB staff members:
Lauren Mottley
Supervising Project Manager
Tel: 203.956.3472
Danielle Fontaine
Industry Fellow
Tel:  203.956.5362
Michael Durney
Post-Doctoral Fellow
Tel: 203.956.5314
Sophia Ginotti
Postgraduate Technical Assistant
Tel: 203.956.5298
Sarah Maule
Postgraduate Technical Assistant
Tel: 203.956.3205